4 smart budgeting tips to keep your travel dreams alive in 2024

Are you ready to pack your bags and dive into new adventures? Join the club! Hilton’s recent trend report, surveying over 10,000 travelers worldwide, reveals that 2024 is shaping up to be a year where the passion for travel will take center stage. A whopping 64% of travel enthusiasts are reshaping their budgets by cutting other expenses to fuel their desires to travel the world. And it’s not just about going places; it’s about bigger and better, especially for Gen Z and Millennials. An impressive 72% in these age groups not only prioritize travel, but are willing to spend more to make every trip memorable.

But how do you indulge this renewed passion for travel without blowing your savings? This is where smart planning and smart budgeting come into play. Here are four strategies to help you pursue your passion for travel in a financially sustainable way.

1. Maximize savings with hotel amenities

Homewood Suites by Hilton – Kitchen

Amenities available during your stay can enhance your travel experience while also being a valuable source of savings. Choosing accommodations with fully equipped in-suite kitchens, such as those at Homewood Suites by Hilton, allows you to prepare your own meals. Not only does this keep your meal costs down, but it also offers the flexibility to eat on your own schedule. On the other hand, hotels like Hampton by Hilton, known for its waffles, and Tru by Hilton, known for its pancakes, provide the added value of free hot breakfasts. This convenient option ensures you start your day with a satisfying, free meal. For pet owners, each brand welcomes pets, allowing you to bring your furry family members with you, eliminating the need to board. Choosing hotels with these types of amenities gives you more control over your budget, allowing you to allocate more funds to other aspects of your travel adventures.

2. Search for affordable accommodation

Spark by Hilton Mystic Groton - Double Queen Guest Room
Spark by Hilton Mystic Groton – Double Queen Guest Room

Look for hotels that combine affordability with quality. Options like budget hotels like the Spark by Hilton and extended stay accommodations like the upcoming LivSmart Studios can provide the essentials at a great price, making them perfect for both short and long trips. By choosing properties in strategic locations, you can also save on transportation costs while exploring your destination.

3. Combine business travel and leisure travel

Embassy Suites by Hilton Aruba Resort - Exterior
Embassy Suites by Hilton Aruba Resort – Exterior

If you’re traveling for work, consider extending your business trip for a personal break. Staying at a hotel that offers easy access to both business centers and local attractions, such as the Embassy Suites by Hilton Aruba Resort, which features 7,000 square feet of flexible indoor meeting space and is located near popular Eagle Beach, can save the cost and time of planning a separate leisure trip. This leisure approach allows you to enjoy the best of both worlds without incurring additional travel costs.

4. Use loyalty programs

The McLaren Experience
The McLaren Experience

Joining a loyalty program can provide valuable benefits that enhance your travel experience at no additional cost. Look for programs that offer free nights, room upgrades or unique experiences. Hilton Honors is free to join and offers tools like Pooling Points to expand your travel options by using points from up to 10 friends and family members, and a Points/Cash slider to combine points and cash for bookings, helping you manage costs wisely. Also, consider a co-branded credit card where you can earn points on your everyday spending and can accelerate your earnings by helping you reach your travel goals faster.

As you head into 2024, keep in mind that fulfilling your travel aspirations can be done in style and on a budget. By adopting these tips, you can embark on a year full of exciting discoveries and adventures without compromising your financial well-being.

Hilton Honors Points Plus

From January 1 through May 1, 2024, Hilton Honors members can earn additional points for upcoming stays with the Points Plus promotion. Hilton Honors members who sign up for the promotion and stay at any Hilton-branded property during these dates will receive 2,000 bonus points per stay and an additional 500 points per stay for using their Digital Key.

Banner background

Leave a Comment

Your email address will not be published. Required fields are marked *